WOL plan includes LTC benefit

By Rachel Williams Zurich IFA Group has announced the launch of the first flexible whole of life plan to incorporate a long term care benefit. The product, which serves the family, business and inheritance tax markets, also includes waiver of premium in addition to the core benefits of life cover or critical illness and enables policyholders to mix and match benefits. It also has five variations of cover. These include options to vary the sum assured over the life of the policy and to buy cover where premiums are only payable for a specified term, for example until retirement...